Tracking Distributive Effects of Budget Policy – 2026 edition

'Tracking the Distributive Effects of Budget Policy' complements our analysis of Budget 2026. It also includes an assessment of how the gap between jobseekers and those on middle and very high incomes has changed as a result of that Budget and policy choices over the past decade. 
A new addition to this year’s document is an assessment of the distribution of income taxation reductions over the period from 2014-2026. We choose Budget 2014 as a starting point for this assessment, as this is when the current wave of income tax reductions commenced following the economic crash.